Ivanhoé Cambridge Joins Forces to Invest in U.S. Self-Storage Market

Ivanhoé Cambridge Joins Forces to Invest in U.S. Self-Storage Market

Ivanhoé Cambridge has formed a strategic partnership targeting the self-storage sector in the U.S., marking its entry into this alternative industrial asset class. The Montreal-based company, alongside another global institutional investor, and Safely Store Self Storage have invested an initial US$400 million in equity to be deployed nationally over the next few years, with potential to scale up further over time. This investment strategy is focused on Tier I and Tier II markets.

Michael Neuman, head of industrial for United States and Latin America at Ivanhoé Cambridge stated that “Self-storage has proven its resilience throughout economic cycles; outperforming almost all other sectors over both short and long term periods which makes it an attractive addition to our portfolio as we continually seek diversification in buoyant segments”

This new venture marks a significant milestone for Ivanhoé Cambridge as they expand their investments into alternative asset classes such as self storage while continuing their mission of seeking out opportunities that provide strong returns for investors worldwide

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